Genting Gets German Government Bailout for MV Werften

Global Dream Midsection Under Tow in 2019

Genting Hong Kong is set to receive 193 million euro from the German goverment as part of a bailout package for MV Werften, a consortium of shipyards the company owns in Germany.

With work suspended at MV Werften, the funds will allow Genting to continue construction on the Crystal Endeavor, which is set for a 2021 launch, as well as the Global Dream, now set to debut in 2022.

Following those two ships, the yard is expected to build sisters to the Crystal Endeavor, a sister to the Global Dream, as well as ocean-going ships for Crystal Cruises.

Genting also announced late last year it is offering a unique customer-ship platform to interested parties.

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